Does anyone know why VCX is still pumping?
We are reading above 40 well above NAV despite lockup and also above dxyz so I am curious 🧐 on how to explain this.
We are reading above 40 well above NAV despite lockup and also above dxyz so I am curious 🧐 on how to explain this.
>!I just transferred my shares to E*Trade. The cost basis of the shares shows $0 and the date associated with them is the transfer date not when they were acquired.!<
Does that seem right?
Hi,
Has anyone found out what happened to our fractional shares when Computershare converted our VCX shares to unlocked on 8/14/2026? I assume they are selling them like they did with the pre-listing VCX fractional shares back in April but I do not see any confirmation of this in my Computershare account.
Thanks!
Ben
Am I doing anything wrong?
I’ve invested in Fundrise a little bit every month since almost a decade ago. It was always a invest and forget type of savings for me, to diversify from investing solely in stock. But I’m struggling to see returns being lower and lower. I ready around here some folks talk about a consisten 8% return? What am I doing wrong that my numbers are so low? Thanks!
To all the early VCX investors - well done, great outcome! I'm sure the lock-up period wasn't easy to live through but you made it. Forget about the hypothetical gains you could have made selling at 100 or 200 or more, you still tripled your money.
looking for some insight, Has anyone initiated a transfer of their shares? are we able to do that? TIA.
It wasn't much. I invested in November of last year. Whatever just happened, without me touching anything, cost me all but $3 and some change of what I was holding, and they zeroed out my balance.
Tripled nothing. Fuck.
Im in a situation where i cant liquidate tomorrow. I moved and my address is different and i updated my banking info on the 8th! Yes im an idiot…
Trying to understand if everyone is selling in here or some of you are also holding?
Thanks in advance!
Hi,
Did anyone else log in to their Computershare account today and their VCX holdings don't show anymore? They were showing yesterday. Not sure if it's a glitch or a real issue. Trading opens tomorrow, so the timing of my issue is a bit ironic....
I just logged back into my computershare account today get started on transferring out and noticed that all my VCX shares are completely gone $0 balance. They were there before the lockup ended. Transaction history shows little to know information to where they could’ve gone. Possibly back into fundrise? I doubt it. Anyone else having this issue??
I expected with the lockup ending, the price would drop if anything. Is there something else driving the pop?
I bought this fund last year, it was maybe around $100 worth of shares I bought.
At the peak of it my shares were worth around $4000 but I was locked out.
Now it’s only worth $200 😔
Should I hold onto this stock? Maybe it will go up again I dont know.
From the posts I see on Reddit, I assume 99% of the Fundrise investors have turned sour on Fundrise.
Am I the only one that hasn't?
I got in to it initially for both real estate exposure and alternative investments class. I liked the platform and I invested in several (maybe all?) of their iPO rounds. Real estate did offer a good opportunity ten years ago, but the market shifted when rates increased...I'm sure it felt like a rug pull to uneducated investors.
Eventually Fundrise started to veer in to tech and started the venture fund; I invested in that and if it stays above $30 after the lockout, I'll have more than 2x my money in two or so years.
I'm currently invested in their Income funds which are generating 8% or more.
Why are people so unhappy? For more perspective, I also invested in Crowd Street - for one opportunity, with a $25k minimum, the platform performed poor due diligence and the contractor literally stole all the money (Atlanta Financial Center, look it up). Crowd Street and most of the copy cats are going to die. Fundrise hasn't asked me for seed money in a half decade which tells me they're at the very least surviving. I still like them and I think Ben Miller is ahead of the curve.
Are there any more like me or am I just the dumbest guy in the room?
When i first logged in to see my closed off VCX shares i was pleasantly surprised and now they’ve gone down so much. What’s up?
Anyone transferring VCX to Fidelity? Can you do a day or so in advance, or must initiate on Aug 14th?
I don’t see a lot of success stories on this subreddit, and I’m new to real estate investing hoping to diversify a small portion. I’m on a H1B visa with an SSN. Is this new opportunity any good?
About 5 years ago, I came across Fundrise. Did a bit of research and thought the concept was maybe worth trying. My wife and I have a pretty diversified portfolio but real estate is something we had always steered cleared of. Never seemed like the right time, so we ve always invested in other things.
In 2021, we figured let’s give this a shot and put some money in it. Not much ( 10K ) and test the waters. Hands off approach, flagship real estate fund. Figured we would divert some cash in it if it was fullfilling our needs. Simple. We dont do complicated. Enough to do with other investments.
Well to say the experience as been underwhelming would be an understatement. We clearly never increased our capital there. 5 years in, still $400 below pur initial investment. Maybe it’s us, maybe fundrise but hands off is what they sell.
We ended up moving money to municipal bonds instead. Not juicy but at 5% tax free, it has made a whole lot more for us than fundrise ever will.
Not ranting by the way. Investments are what they are. You win some, you lose some. Now i just want to see what happens with the 10K, another 10-15 years down the road.
Okay, now maybe I’m just overlooking this but is this normal? I was about to submit a redemption request for my portfolio. However, I go through all the steps and at the end it shows my “estimated” proceeds… why is the estimated proceeds 500 dollars less than what my portfolio is? I only have 1.8% of my portfolio in the eREIT fund (which is the ONLY one that has a like fee) the rest is just flagship and growth fund. Please someone that has done this, tell me I’m not crazy because if I redeem it all I would have lost money in this whole process if I’m basing it off value.